Stoyan Mihaylov
DeltaStock.com
- EUR/USD
Current level - 1.1140
A top has been set at 1.1250 and the outlook on the lower frames is already bearish, for a slide towards 1.1060. Initial intraday resistance lies at 1.1150.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.1250 | 1.1305 | 1.1305 | 1.1500 |
| Support | 1.1060 | 1.0980 | 1.0870 | 1.0770 |
__________
- USD/JPY
Current level - 117.38
The recent low at 116.27 signals a reversal of the downtrend from 121.67 and the intraday outlook is bullish, for a rise towards 118.20.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 118.20 | 119.00 | 121.30 | 121.70 |
| Support | 116.27 | 115.96 | 115.96 | 113.20 |
__________
GBP/USD
Current level - 1.4513
The bias here remains negative, currently struggling above 1.4450 support zone. Crucial on the upside is 1.4590 high.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.4590 | 1.4670 | 1.4790 | 1.4950 |
| Support | 1.4450 | 1.4330 | 1.4330 | 1.4150 |
__________
| DATE | ORDER | ENTRY | SL | TP1 | TP2 | |
| EUR/USD | February 3 | BUY MKT | 1.0914 | 1.0850 | 1.1050 | --- |
| USD/JPY | February 3 | SELL LMT | 120.10 | 120.40 | 118.90 | --- |
| GBP/USD | February 3 | BUY MKT | 1.4398 | 1.4320 | 1.4600 | --- |
These analyses are for information purposes only. They DO NOT post a BUY or SELL recommendation for any of the financial instruments herein analyzed. The information is obtained from generally accessible data sources. The forecasts made are based on technical analysis. However, Deltastock’s Analyst Dept. also takes into consideration a number of fundamental and macroeconomic factors, which we believe impact the price moves of the observed instruments. Deltastock Inc. assumes no responsibility for errors, inaccuracies or omissions in these materials, nor shall it be liable for damages arising out of any person's reliance upon the information on this page. Deltastock Inc. shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation, losses or unrealized gains that may result. Any information is subject to change without notice. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Deltastock AD is fully licensed and regulated under MiFID. The company is regulated and authorised by the Financial Supervision Commission (FSC), Bulgaria, Reg. No. RG-03-01
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